I am paying my service tax dues pending from November-13 to March-14 , now on 01-11-2014 , what would be the interest calculation as per new rules (i.e after 01-10-14)
19 November 2014
I assume yours is monthly payment of service tax. I further assume, yours is a small service provider and paying tax through online. Hence, interest @15% p.a. is payable up to the date of payment from 07.11.13, 07.12.13, 07.01.14 and 07.02.14 and 01.04.14 on corresponding amounts.
CAclubindia
